AP National Business

By JOE McDONALD and ZEN SOO AP Business Writers BEIJING (AP) — TikTok CEO Shou Zi Chew has endured a nearly six-hour grilling by U.S. lawmakers, some of whom are pushing to ban the popular short-video app nationwide. The lawmakers questioned 40-year-old Singaporean native Chew over data security and harmful content. Despite his assurances that

By DAVID McHUGH Associated Press FRANKFURT, Germany (AP) — Shares in Deutsche Bank fell sharply Friday, dragging down other major European banks and leading German Chancellor Olaf Scholz to express confidence in the country’s largest lender after fears about the global financial system sent fresh shudders through the market. Deutsche Bank shares closed down 8.5%

COLUMBUS, Ohio — Express: Fiscal Q4 Earnings Snapshot

By SARA RATHNER of NerdWallet When you have credit card debt, the easiest way to deal with it is to diligently make monthly payments of at least the minimum amount due, and more if your budget allows. In doing this, you avoid late fees and your account is considered in good standing. That’s a start,

By STAN CHOE and ALEX VEIGA AP Business Writers A late-afternoon turnaround on Wall Street left stocks higher Friday as the market shook off a weak start amid worries about banks on both sides of the Atlantic. The S&P 500 rose 0.6% after slipping for most of the morning. The benchmark index marked its second

MONTICELLO, Minn. (AP) — Water containing a radioactive material has leaked for a second time from a nuclear plant near Minneapolis and the plant will be shut down, but there is no danger to the public, the plant’s owner said Thursday. A leak of what was believed to be hundreds of gallons of water containing

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Scandal-embattled Japanese electronics and technology manufacturer Toshiba has accepted a $15 billion tender offer from a buyout fund made up of the nation’s major banks and companies. Tokyo-based Toshiba announced its board accepted the bid from Japan Industrial Partners at 4,620 yen, or $36, a share.

By JAMES POLLARD Associated Press/Report for America COLUMBIA, S.C. (AP) — South Carolina’s Republican-controlled Senate is moving to bar citizens of a “foreign adversary” from buying property in the state in an anti-espionage measure that critics fear will chill overseas investments over outsize concerns. The bill in question was approved Thursday by a 31-5 vote.

By SAM METZ and BARBARA ORTUTAY Associated Press SALT LAKE CITY (AP) — Children and teens in Utah would lose access to social media apps such as TikTok if they don’t have parental consent and face other restrictions under a first-in-the-nation law designed to shield young people from the addictive platforms. Two laws signed by

By BECKY BOHRER Associated Press JUNEAU, Alaska (AP) — A state official says the Willow oil project on Alaska’s petroleum-rich North Slope is part of a “new era” of development in the region but isn’t a sure thing. John Crowther, with the Alaska Department of Natural Resources, told lawmakers that litigation and costs are among

By MARK ANDERSON AP Sports Writer LAS VEGAS (AP) — The Las Vegas Aces announced Thursday that seven-time Super Bowl champion quarterback Tom Brady has acquired an ownership stake in the WNBA champions. He attended an Aces game on May 31 and later sent Las Vegas star Kelsey Plum a jersey and other gifts. Brady

ST. PAUL, Minn. — Polymet Mining: Q4 Earnings Snapshot

By MIKE SCHNEIDER Associated Press ORLANDO, Fla. (AP) — Unions for service workers at Walt Disney World have reached a tentative deal with the company that would raise the starting minimum wage from $15 to $18. Disney World service workers who are in the six unions that make up the Service Trades Council Union coalition

By JOHN SEEWER Railroad Norfolk Southern is backing away from its push to reduce its train crews down to one person. The company made the announcement Thursday in a joint statement with the nation’s largest rail union. The two sides say they will instead focus on quality of life issues for employees during their ongoing

By DAVID BAUDER AP Media Writer NEW YORK (AP) — The lawyer for a one-time Trump supporter caught up in a Jan. 6 conspiracy theory is demanding that Fox News and Tucker Carlson apologize for the many “falsehoods” he says they have spread about his client. The actions taken on behalf of Raymond Epps specifically

By TAMMY WEBBER Associated Press TikTok CEO Shou Zi Chew testified Thursday at a congressional hearing over concerns about user data collected by the popular video-sharing app and potential Chinese spying. Under his helm, TikTok reached 150 million users in the U.S., the majority of them teens and young adults who are attracted to the